Cross Country Healthcare Stock Technical Analysis

CCRN Stock  USD 10.80  0.14  1.31%   
As of the 29th of November, Cross Country shows the Risk Adjusted Performance of (0.08), mean deviation of 2.41, and Standard Deviation of 3.5. Cross Country Healthcare technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cross Country Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cross, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cross
  
Cross Country's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Cross Country Analyst Consensus

Target PriceAdvice# of Analysts
27.8Buy8Odds
Cross Country Healthcare current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cross Country Healthcare, talking to its executives and customers, or listening to Cross conference calls.
Cross Analyst Advice Details
Cross Country technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cross Country technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cross Country trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Cross Country Healthcare Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cross Country Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cross Country Healthcare Trend Analysis

Use this graph to draw trend lines for Cross Country Healthcare. You can use it to identify possible trend reversals for Cross Country as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cross Country price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cross Country Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cross Country Healthcare applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that Cross Country Healthcare market price will keep on failing further. It has 122 observation points and a regression sum of squares at 202.01, which is the sum of squared deviations for the predicted Cross Country price change compared to its average price change.

About Cross Country Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Cross Country Healthcare on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Cross Country Healthcare based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cross Country Healthcare price pattern first instead of the macroeconomic environment surrounding Cross Country Healthcare. By analyzing Cross Country's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Cross Country's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Cross Country specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield2.75E-42.45E-4
Price To Sales Ratio0.390.75

Cross Country November 29, 2024 Technical Indicators

Most technical analysis of Cross help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cross from various momentum indicators to cycle indicators. When you analyze Cross charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Cross Country Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cross Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cross Country Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cross Country Healthcare Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cross Country. If investors know Cross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cross Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Earnings Share
(0.05)
Revenue Per Share
42.699
Quarterly Revenue Growth
(0.29)
Return On Assets
0.0127
The market value of Cross Country Healthcare is measured differently than its book value, which is the value of Cross that is recorded on the company's balance sheet. Investors also form their own opinion of Cross Country's value that differs from its market value or its book value, called intrinsic value, which is Cross Country's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cross Country's market value can be influenced by many factors that don't directly affect Cross Country's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cross Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cross Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cross Country's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.